Trican Well Service Ltd (TCW) Price Target Increased to C$7.50 by Analysts at National Bank Financial
Trican Well Service Ltd (TSE:TCW) had its target price raised by National Bank Financial from C$6.00 to C$7.50 in a research report sent to investors on Thursday. National Bank Financial currently has an outperform rating on the stock.
Other analysts have also recently issued reports about the stock. CIBC raised their target price on shares of Trican Well Service from C$5.75 to C$6.25 in a report on Friday, October 20th. GMP Securities raised their target price on shares of Trican Well Service from C$5.00 to C$7.00 in a report on Wednesday, September 20th. J P Morgan Chase & Co raised their target price on shares of Trican Well Service from C$5.00 to C$6.00 in a report on Monday, August 14th. Finally, Canaccord Genuity reduced their target price on shares of Trican Well Service from C$6.00 to C$4.50 in a report on Tuesday, July 11th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of C$6.40.
Shares of Trican Well Service (TSE:TCW) traded up C$0.23 during trading hours on Thursday, reaching C$5.23. 3,030,300 shares of the company were exchanged.
In other Trican Well Service news, insider Etienne Poulin sold 9,867 shares of the stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of C$4.18, for a total value of C$41,244.06. Also, insider David R. Jones sold 50,000 shares of the stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of C$4.59, for a total transaction of C$229,500.00.
Trican Well Service Company Profile
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia.
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